Page 87 - Buku Annual Report BPJT 2021
P. 87

he Ministry of Public  Works
                                                                                                   and  Housing  continues  to seek
                                                                                              Tthe participation of business
                                                                                               entities  in  order  to  fulfill  its  goal
                                                                                               of constructing new toll roads by
                                                                                               2024. Collaboration  with business
                                                                                               entities  is highly needed  considering
                                                                                               that the government budget cannot
                                                                                               meet the funding needs for toll road
                                                                                               construction.




                                                                                               According to the 2024 National Medium-
                                                                                               Term Development Plan, a cost of
                                                                                               around Rp171.8 trillion is needed for the
                                                                                               construction  of  a  1,605.8  kilometer  toll
                                                                                               road. By 2024, the government hopes to
                                                                                               achieve the target of constructing 40 new
                                                                                               toll roads with a length of 2,537 kilometers.

                                                                                               In line  with the government's efforts to
                                                                                               attract  investment  in  toll  road  projects,
                                                                                               the Indonesia  Toll Road  Authority (ITRA)
                                                                                               continued to tender the concession of
                                                                                               five toll road projects in 2021. Those five
                                                                                               projects  have  a  total  length  of  399.91
                                                                                               kilometer spread across  Java and Bali.
                                                                                               The combined investment  value of those
          Toll Road Tender                                                                     Before the tender, ITRA has held several
                                                                                               projects reached Rp127 trillion.

                                                                                                                  assessments
                                                                                                        interest
                                                                                               market
                                                                                                                                  or
                                                                                               market soundings. During the market
                                                                                               soundings, ITRA not only introduced the
          Toll Roads That were in The Tender Process Throughout 2021
                                                                                               toll road projects that  were going to be
                                                                                               tendered, but also  received constructive
            Road Name         Length       Investment     Concession       Status*             suggestions from investors concerning toll
                                                                                               road concessions.
           Gedebage-           206.55 km       56.2 T      40 years   Confirmation of Winner
           Tasikmalaya-Cilacap                                                                 Furthermore, in the midst of the Covid-19
                                                                                               pandemic, market sounding and toll road
           Gilimanuk-Mengwi     96.21 km      22.14 T      45 years      Confirmation of       concession tenders play an important role
                                                                      Prequalification Results  in maintaining investors’ optimism about
                                                           40 years
           JORR Elevated Cikunir-  21.5 km    21.56 T                    Confirmation of       the future of the Indonesian toll road
           Ulujami                                                    Prequalification Results  industry.
                                                           50 years
           Akses Patimban       37.05 km       8.48 T                    Confirmation of       Investors have  very positive optimism
                                                           50 years   Prequalification Results  towards  the toll  road  industry.  This is
                                                                                               reflected  in  the  participation  of  private
  BADAN PENGATUR JALAN TOL
           Kamal-Teluk Naga-    38.6 km       18.62 T                     Evaluation of        sectors  that is  quite dominant.  As many
           Rajeg                                                         Prequalification      as 3 out of 5 toll road projects that were
                                                                          Documents            tendered were initiated by private business
                                                                                               entities. Private sectors also  partnered
          *) Status until December 2021
                                                                                               with state-owned enterprises (SEO) in toll
                                                                                               road projects that were tendered in 2021.





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